Funding you earn now, next payment 11:00 UTC+0.0029%/8h= +3.1% APRpaid last 24h −0.002%
Price spread now: QFEX against Bitget−0.042%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$440.442% of the position
Funding, last 4 days (all we have)+0.009%+$1 on $10k
+Price spread, last 7 days−0.031%−$3 · spread now −0.042%, 7d avg −0.072%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.030% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.072%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BABAUSDT | 119.60 | 0 | get 0.0000% / 8h | 5h 49m | $2.3M | $2.2M | 20x |
| Short | QFEX BABA-USD | 119.55 | 0.0029 | get 0.0004% / 1h | 49m 34s | $1.2M | $2.9M | 10x |
Bitget BABAUSDT
QFEX BABA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.03
- Price spread: −0.042% → −0.072%
- $3
- Slippage, 4 orders
- −$22.15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$35.12
- Costs to cover
- 0.442%
- Break-even
- 47.8 days
Slippage from Bitget: live order book, 1 min ago; QFEX: live order book, 6 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 1 min ago | 3.76 bp | 14.9 bp −$15 | 35.3 bp −$353 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 1.25 bp | 6.3 bp −$6 | 6.9 bp −$69 | doesn't fit | doesn't fit |
BABA on 22 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BABAUSDT | 0.0000% | 8h | 119.57 | −0.026% | $70K | $40K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.64 | +0.033% | $2.2M | $711K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.60 | 0.000% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDTlong | 0.0000% | 8h | 119.60 | long leg | $2.3M | $2.2M | 20x | |
| SunX BABA-USDT | 0.0000% | 8h | 119.63 | +0.025% | $708 | $2.5M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 119.77 | +0.142% | $30K | $19K | 20x | as long as short |
| QFEX BABA-USDshort | +0.0029% | 1h | 119.55 | −0.042% | $1.2M | $2.9M | 10x | |
| Lighter BABA | +0.0032% | 1h | 119.70 | +0.084% | $383K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 119.56 | −0.033% | $435K | $509K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −3.144% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERPShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 119.52 | −0.067% | $71K | $134K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 119.75 | +0.125% | — | $19K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.51 | −0.075% | $8K | $177K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 119.60 | 0.000% | $213K | $446K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0080% | 1h | 119.57 | −0.025% | $12.0M | $4.8M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.56 | −0.033% | $623K | $518K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.62 | +0.017% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0221% | 8h | 119.63 | +0.029% | $374K | $672K | — | as long as short |
| GRVT BABA_USDT_Perp | +0.0249% | 8h | 119.78 | +0.150% | $3K | $180K | 10x | as long as short |
| Binance BABAUSDT | +0.0261% | 8h | 119.59 | −0.008% | $15.1M | $33.8M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0264% | 1h | 119.55 | −0.041% | $47K | $312K | 10x | as long as short |
| Phoenix BABA | +0.0267% | 1h | 119.76 | +0.134% | $67K | $109K | 10x | as long as short |
Arcus BABA-USD
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
tradeXYZ xyz:BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
GRVT BABA_USDT_Perp
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA